Subsidy Payment Dates Changed: Here's How Colombia Mayor, Renta Ciudadana, and Renta Joven Will Be Affected

The Department of Social Prosperity announced changes to the payment schedule for several subsidies, a decision aimed at adjusting to the start of a new operational contract that guarantees the delivery of resources nationwide.

Subsidy Payment Dates Changed: Here's How Colombia Mayor, Renta Ciudadana, and Renta Joven Will Be Affected

TL;DR

  • Prosperidad Social has changed payment dates for Colombia Mayor, Renta Ciudadana, Renta Joven, and Devolución del IVA subsidies.
  • The adjustments are due to the start of a new operational contract for fund distribution.
  • Colombia Mayor will have a double payment cycle from February 27 to March 20 to catch up on delays.
  • Renta Ciudadana and Devolución del IVA first payment cycle is expected in the second and third week of March.
  • Bancarized Renta Joven beneficiaries will receive payments on February 24; others depend on the new operator.
  • The selection process for the new operator is underway, with implementation expected within four weeks.